Success Story: A Single Mother, She Started With Just Rs 2 Lakh And Built An Empire Worth Rs 8,300 Crore
Business
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News1822-01-2026, 09:05

Single Mother Mira Kulkarni Built Rs 8,300 Crore Empire from Rs 2 Lakh Investment

  • Mira Kulkarni, a single mother, founded Forest Essentials in 2000 with just ₹2 lakh, transforming her love for Ayurveda into a luxury skincare brand.
  • Starting with handmade soaps and oils, her vision was to blend traditional Ayurvedic formulations with modern luxury aesthetics.
  • Forest Essentials gained international recognition, leading to a minority stake acquisition by Estée Lauder, boosting its global presence.
  • Today, the company operates over 130 stores in India, exports to 120+ countries, and is valued at ₹8,300 crore with annual revenues of ₹432 crore.
  • Kulkarni overcame skepticism as a woman entrepreneur, proving that indigenous Ayurvedic knowledge could thrive in the luxury beauty market.

Why It Matters: Mira Kulkarni's journey exemplifies resilience, turning a small investment into a multi-crore Ayurvedic luxury brand.

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